LG is building a SteamVR headset to take on Oculus and Vive

Well this is a nice surprise. Valve has just announced that LG will be showing off its SteamVR headset at this year's GDC, meaning the HTC Vive is no longer the only system running on Valve's virtual reality platform.

We don't know a lot about the headset yet, but we should have more details for you later this week. Valve is here at the show to talk to developers and get feedback on the new system, which we expect will be a full-blown PC deal at least on par with the Vive.

Valve calls it a "next generation" experience, so it's certainly bound to be a lot better than the LG 360 VR. Expect room tracking like the Vive too.

Valve says release and pricing information will be told at "a later date", and we expect that's some time off. What's interesting is that the HTC-Valve partnership is no longer an exclusive partnership.

Could we soon be hearing of other companies too? According to Gabe Newell, we should. "500 companies have signed up to use Lighthouse and some of them are making HMDs [head mounted displays]," he said in a Reddit AMA last month. "A few of them have talked about that, but a bunch more will announce when they're ready."